Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613961
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹11,83,000
EMD:₹1,18,300
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 5.00 P.M. (With Unlimited Extension of 10 minutes each)
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2023-11-28
Property Description
This is a residential land and building property located in Purushottampur, Ganjam, Odisha. The property is being auctioned by UCO Bank under SARFAESI Act. Ideal for investment or personal use, this asset presents a valuable opportunity in a developing area.
State:Odisha
City:Ganjam
Area:Purushottampur
Asset Category:Residential
Full Address:1113, Plot No.: 1113, Khata No.: 144, Area: Ac.0.030 Dec. RSD No.: 3443, Dated: 30.11.2007, Vill/Mouza: Santoshpur, Ward/Taluka: Purushottampur, Dist.: Ganjam, Santoshpur, Ganjam
Size:0.030 Ac.
Auction Description
UCO Bank is conducting a SARFAESI auction for a residential land and building in Purushottampur, Ganjam, Odisha. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price is set at INR 11,83,000, with an EMD of INR 1,18,300. This is a significant opportunity to acquire property through a bank auction.
Borrower Name:M/s. Jagannath Traders
Auction Type:SARFAESI Auction
Guarantor Names:P Sujata Rao, P Biswanath Rao, P Ramachandra Rao
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This residential land and building in Ganjam, Odisha, presents a calculated opportunity. The reserve price is moderate and while further due diligence is needed, the location may provide potential value appreciation. Given the property type and auction terms, a careful assessment is advised before bidding.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:9438335084
